Shawmut Design and Construction has joined Draper and Wexford Science & Technology to break ground on the 111,000-square-foot Integrated Microelectronics Production & Advanced Chip Technology (IMPACT) Center in Lowell, Massachusetts.
Chef Matthew Kenney opened a new fast-casual vegan eatery called Humbl in Orlando, Florida, featuring a menu based around whole plant foods instead of processed products. Executives plan to expand the brand with a second location in Orlando by the end of the quarter and
Brookfield Properties and Hearst have broken ground on a project in San Francisco that will bring two towers, two parks and apartments and will renovate historic buildings. The $1 billion project had been delayed by legal challenges and concerns about gentrification. Read the San Francisco
Private equity firm L Catterton will pay about $650 million to acquire Del Frisco’s Restaurant Group, which had been on the sale block most of this year. It is likely L Catterton will split Del Frisco’s Double Eagle and Del Frisco’s Grille from growth chains
Safeway officials have asserted that the company is still committed to remodeling and redeveloping its 19 stores in the Seattle area, though timing of the upgrades remains in question. The company plans to collaborate with local government. Read The Seattle Times story here
University of South Carolina trustees have greenlighted the first phase of a $460 million student-housing project. The entire project comprises seven buildings on 18 acres, including four residence halls, a parking garage and commercial properties. Read The Post and Courier story here
Chef Gabe Medina will launch a multibrand, delivery-only restaurant in Houston, starting with a comfort food concept called A&J Provisions. The virtual restaurant will also boast a rice bowl concept called Bowling Club, a Filipino food menu dubbed 7000 Island and a diverse sandwich brand
Work has begun on a $7 billion mixed-use development in Chicago that is going up on a vacant lot on the south branch of the Chicago River. The work includes the final stage of the Wells-Wentworth Connector road project. Read the Curbed/Chicago story here
There’s a new plan to develop a prime piece of real estate near downtown Tuscaloosa. Read the WVTM-TV story here
A group led by LG Electronics plans to build smart homes, retailers and innovation labs on 25 to 30 acres in Osceola County, Florida. A development contract for the LG Smart Town Center project is expected this year. Read The Business Journals story here
Dressbarn has announced the first 28 stores closing under the Ascena Retail Group-owned chain’s plan to wind down operations and eventually close all 650 stores. The first slate of stores to close will cease operations by the end of next month. Read the CNBC story
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